{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-018775","form_type":"8-K","ticker":"TLSS","cik":"0001463208","company_name":"Transportation & Logistics Systems, Inc.","filed_at":"2022-07-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.830215+00:00","generated_at":"2026-06-24T19:24:09.870605+00:00","sec_items":["1.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"TLSS formalizes CFO James Giordano employment through Dec 2025 with $250K base salary","bullets":["James Giordano appointed CFO under 2.5-year term ending Dec 31, 2025; base salary $250,000/year.","2022 bonus up to $125,000 tied to milestones: NASDAQ uplist, $100M revenue, positive EBITDA, $125M market cap, $10M capital raise.","Agreement converts prior letter agreement; includes non-compete for 2 years post-termination.","Severance: if terminated without cause, 12 months base salary continuation and accelerated equity vesting.","Change of control triggers lump sum of greater of remaining salary or 2 years base plus average bonuses."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-018775","json":"https://secwatch.observer/filing/0001493152-22-018775.json","markdown":"https://secwatch.observer/filing/0001493152-22-018775.md","text":"https://secwatch.observer/filing/0001493152-22-018775.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1463208/000149315222018775/0001493152-22-018775-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1463208/000149315222018775/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T19:24:09.870605+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}